Phil Frohlich, Prescott Still Loading Up on China Marine Food Group

Phil Frohlich and Prescott Group Capital Management have been on our radar for some time, especially because of their 'bullishness' on China Marine Food Group Ltd (NYSEMKT:CMFO), in which Prescott continues to buy shares over the past couple of weeks. Today, in a new Form 4, Prescott reported buying shares of the company again, raising its position to a total of 6,325,795 shares. The fund purchased 89,739 shares in two transactions, the price amounting to $2.22 apiece.